To expand financial access to help underserved communities thrive.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Run by 6 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $725K a year · 17% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
3 mo
of spending, in cash
Plus $3.1M in investments, Pt X · Ln 11–13
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $563K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1.9M
42% of total assets
Looks good: liabilities are 42% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.3M
-13% vs prior year
Spent
$3.3M
To programs
97%
Net assets
$2.7M
By yearFY2020–FY2025
Revenue
$6.3M
FY2025▼ -13%
Tap a bar for its year
Revenue by fiscal year
FY2020$385K
FY2021$1.9M
FY2022$6.1M
FY2023$4.0M
FY2024$7.2M
FY2025$6.3M
Expenses
$3.3M
FY2025▼ -27%
Tap a bar for its year
Expenses by fiscal year
FY2020$102K
FY2021$1.2M
FY2022$4.5M
FY2023$8.0M
FY2024$4.5M
FY2025$3.3M
Net assets
$2.7M
FY2025▲ ×11
Tap a bar for its year
Net assets by fiscal year
FY2020$278K
FY2021$1.0M
FY2022$914K
FY2023−$3.0M
FY2024−$292K
FY2025$2.7M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $3.2M Management & general 3% · $109K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Annee Kim’s $152K as Executive Director Through 9/2024 is at the 49th percentile of top reported officer pay among 732 $1–10M public & societal benefit nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Annee Kim$151,500$85,141

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Stable Home Fund executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Helps working families secure stable homes and improve their lives through financial solutions.

Questions for Stable Home Fund

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Provided by the organization

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1 program · $3.2M · in their own filed words · FY2025
01

Stable home fund's (SHF) flagship program is a rent relief fund that helps keep renters in their homes during times of financial distress. SHF provides zero-interest rate micro-loans, with no fee, to individuals who need financial assistance meeting monthly rental payments.

$3.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
FjcFY2024$100K
Total grants receivedfrom 4 funders$563K
See all 4 funders →
Grants paid · 1 grant · $100K · 2020–2020
Unitemized GrantFY2020$100,226

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$6.3M
Ln 12
Gifts and grantsLn 1h$6.3M
Investment incomeLn 3$110
Money outPt IX
$3.3M
Ln 25
Programscol B$3.2M
Managementcol C$109K
Owns and owesPt X
$2.7M
net assets · Ln 32
Cash and savingsLn 1–2$913K
Total assetsLn 16$4.6M
LiabilitiesLn 26$1.9M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.3M
Investment incomeLn 3$110
Total revenueLn 12$6.3M
Assets in detailPt X, end of year
SavingsLn 2$913K
Cash and savings togetherLn 1–2$913K
InvestmentsLn 11–13$3.1M
Total assetsLn 16$4.6M
LiabilitiesLn 26$1.9M
Net assetsLn 32$2.7M
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$844K$913K
InvestmentsLn 11–13$2.9M$3.1M
Total assetsLn 16$3.9M$4.6M
LiabilitiesLn 26$4.2M$1.9M
Net assetsLn 32−$292K$2.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$51K$51K
Other fees for servicesLn 11g$8K$8K$126
Office expensesLn 13$264$264
OccupancyLn 16$1K$1K
InterestLn 20$46K$46K
InsuranceLn 23$6K$6K
Other expenses (24a–d)Ln 24$3.2M$3.2M$4K
All other expensesLn 24e$10$10
Total functional expensesLn 25$3.3M$3.2M$109K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $6.3M$3.3M$3.0M$2.7M 990 PDF
FY2024 $7.2M$4.5M$2.7M−$292K 990 PDF
FY2023 $4.0M$8.0M−$3.9M−$3.0M 990 PDF
FY2022 $6.1M$4.5M$1.6M$914K 990 PDF
FY2021 $1.9M$1.2M$731K$1.0M 990 PDF
FY2020 $385K$102K$283K$278K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $6,266,793 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $7,219,142$6,266,683
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $18,044$110
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $7,237,186$6,266,793
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $159,164$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,335,757$3,283,138
I-18 Total expensesPrior year $4,494,921$3,283,138
I-19 Revenue less expensesPrior year $2,742,265$2,983,655
Part VI · Governance 5 of 5 board members independent, 2 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $6,266,793 across 4 lines filed
VIII-1f All other contributions, gifts and grants$6,266,683
VIII-1h Total contributions, gifts and grants$6,266,683
VIII-3 Investment incomeExcluded from tax $110$110
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $110$6,266,793
Part IX · Statement of functional expenses $3,283,138 across 8 lines filed
IX-11c Accounting feesManagement $51,135$51,135
IX-11g Other fees for servicesPrograms $8,074 · Management $126$8,200
IX-13 Office expensesManagement $264$264
IX-16 OccupancyManagement $1,428$1,428
IX-20 InterestManagement $46,019$46,019
IX-23 InsuranceManagement $5,819$5,819
IX-24 Other expenses (24a–d)Programs $3,166,018 · Management $4,245$3,170,263
IX-24e All other expensesManagement $10$10
IX-25 Total functional expensesPrograms $3,174,092 · Management $109,046 · Fundraising $0$3,283,138
Part X · Balance sheet $4,602,217 assets, 13 lines filed
X-2 Savings and temporary cash investmentsStart of year $843,695$912,751
X-3 Pledges and grants receivableStart of year $0$400,000
X-9 Prepaid expenses and deferred chargesStart of year $150,000$151,626
X-12 Other securitiesStart of year $207,200$207,200
X-13 Program-related investmentsStart of year $2,711,458$2,930,640
X-16 Total assetsStart of year $3,912,353$4,602,217
X-17 Accounts payable and accrued expensesStart of year $1,478,803$1,438,200
X-19 Deferred revenueStart of year $1,400,000$0
X-26 Total liabilitiesStart of year $4,204,814$1,911,023
X-27 Net assets without donor restrictionsStart of year −$292,461$949,448
X-28 Net assets with donor restrictions$1,741,746
X-32 Total net assets or fund balancesStart of year −$292,461$2,691,194
X-33 Total liabilities and net assetsStart of year $3,912,353$4,602,217
Part XI · Reconciliation of net assets $2,691,194 net assets at year end
XI-1 Total revenue$6,266,793
XI-2 Total expenses$3,283,138
XI-3 Revenue less expenses$2,983,655
XI-4 Net assets at start of year−$292,461
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,691,194

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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